Digital Turbine
APPS
54 hedge funds and large institutions have $25.8M invested in Digital Turbine in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 9 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
2% less funds holding
Funds holding: 55 → 54 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
21% less capital invested
Capital invested by funds: $32.8M → $25.8M (-$6.98M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$362K |
| 2 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$286K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$270K |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
+$148K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.44M |
| 2 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
-$701K |
| 3 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$696K |
| 4 |
TBAM
True Bearing Asset Management
San Francisco,
California
|
-$527K |
| 5 |
KCM
Keane Capital Management
Charlotte,
North Carolina
|
-$512K |
APPS Hedge Fund Activity: Q4 2015 in Review
54 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2015, worth a combined $25.8M — down 21% from $32.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of APPS and 8 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 23 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $362K. The largest seller was Millennium Management, cutting an estimated $1.44M.
- 54 institutional investors held Digital Turbine (APPS) as of Q4 2015, down from 55 in Q3 2015.
- Funds reported $25.8M of Digital Turbine stock for Q4 2015, down 21% quarter-over-quarter.
- 8 funds opened new Digital Turbine positions in Q4 2015 and 9 closed out, a net change of -1 holder.
- The largest Digital Turbine buyer in Q4 2015 was BlackRock Fund Advisors, an estimated $362K added.
- The largest Digital Turbine seller in Q4 2015 was Millennium Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q4 2015.